Last week, the Obama administration rolled out new regulations targeting low-performing colleges: the ones whose graduates have high default rates and huge debt levels relative to their incomes. Using those two data points, the government will start cutting off low-performing schools — many of which are of the for-profit variety — from federal loan and grant money in the next 2-3 years. The government is also investigating ITT Tech for pressuring students to take out loans they couldn’t afford.

Last week, the Obama administration rolled out new regulations targeting low-performing colleges: the ones whose graduates have high default rates and huge debt levels relative to their incomes. Using those two data points, the government will start cutting off low-performing schools — many of which are of the for-profit variety — from federal loan and grant money in the next 2-3 years. The government is also investigating ITT Tech for pressuring students to take out loans they couldn’t afford.

How much slack is there in the labor market? That is, how close is the American labor market to full employment? The answer to that question is important, says Evan Soltas, because estimating whether the economy is near its potential affects what, if anything, policymakers actually do to help the economy. No one is quite sure, but Paul Krugman argues against the emerging consensus that says “even though we still have huge unemployment, we’re actually running out of employable workers”.

How much slack is there in the labor market? That is, how close is the American labor market to full employment? The answer to that question is important, says Evan Soltas, because estimating whether the economy is near its potential affects what, if anything, policymakers actually do to help the economy. No one is quite sure, but Paul Krugman argues against the emerging consensus that says “even though we still have huge unemployment, we’re actually running out of employable workers”.

The Organization of Economic Cooperation and Development has a new report out for International Women’s Day showing how men and women in 26 different countries spend their time. It shows that women spent significantly more time during the day working without pay.

Here’s the percentage breakdown of unpaid work — childcare, household chores, etc. — for each country by gender, including the average (the bar on the far right):

The Organization of Economic Cooperation and Development has a new report out for International Women’s Day showing how men and women in 26 different countries spend their time. It shows that women spent significantly more time during the day working without pay.

Here’s the percentage breakdown of unpaid work — childcare, household chores, etc. — for each country by gender, including the average (the bar on the far right):

For the third day, search and rescue operations from 10 different countries failed to find any trace of the missing Malaysian plane that disappeared about an hour into a flight to Beijing. Here’s a map of the plane’s last known location:

There are numerous theories as to why the plane disappeared, but nothing concrete. Here’s Reuters with one scenario:

For the third day, search and rescue operations from 10 different countries failed to find any trace of the missing Malaysian plane that disappeared about an hour into a flight to Beijing. Here’s a map of the plane’s last known location:

There are numerous theories as to why the plane disappeared, but nothing concrete. Here’s Reuters with one scenario: